Truckee, CA – When complete, the subject property will be a well-appointed 4,750 sq ft,
5-bedroom, 5.5-bathroom estate on .53 acres just north of Lake Tahoe in the High Sierras. Our experienced repeat borrower had a short window to close the lot purchase. He came to us because of his previous experience with our quick and smooth underwriting process. The loan also included 100% of the ground-up construction budget for this beautiful property. The borrower will exit our loan with a sale of the property when completed.
Closing Highlights:
- 70% Loan to Completed Value
- Experienced Repeat Borrower
- Three-Week Close